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3941 Lowndes Ave
Baltimore, MD 21218 Pen Lucy

$295,000 USD

Multifamily For Sale • 3,140 SF

Property Details

Property Type Multifamily
Total Building Size 3,140 SF
Year Built 1920
Cap Rate 9.87 %
Zoning R5

64 Transit Score

67 Walk Score

                
                    Highlights
                
                                Offered at $73,750 per unit with a projected 13.9% ROI: compelling entry point with strong projected returns.
                            
                                Rents operating below market: clear path to increased cash flow through targeted upgrades and lease turnover.
                            
                                1 mile to Northwood Commons and 1.25 miles to Morgan State University: strong rental demand driven by retail amenities and off-campus housing.

Property Flyers

Lowndes 3941

Cap Rate:

9.87 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Penn Station (PENN - WASHINGTON - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC), Penn Station & Camden Yards - Maryland Area Regional Commuter Trains (The MARC))	8 min	-	2.7 mi
Camden Station Marc (CAMDEN - WASHINGTON - Maryland Transit Administration)	13 min	-	4.6 mi
Airport	Drive	Walk	Distance
Baltimore/Washington International Thurgood Marshall	29 min	-	14.2 mi

Tom Fair 410-235-9500 Ben Frederick Realty, Inc.

3941 Lowndes Ave Baltimore, MD 21218 Pen Lucy

$295,000 USD

Property Details

Highlights

Property Flyers

Public Transportation

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3941 Lowndes Ave
Baltimore, MD 21218 Pen Lucy